shearie.com » Residential Lease Agreements

Is it necessary to hire a lawyer to lease a residential property?

shearie — Thu, 02 Feb 2012 04:12:12 +0000

Question by M&K R: Is it necessary to hire a lawyer to lease a residential property?

Best answer:

Answer by Sunshine
No, it’s actually a waste of money. If you’re really worried about the legalities of it, I’d recommend leasing a residential property through a property management company instead if you can afford it. It’s a lot cheaper and they can do it for you for as long as you want to lease out your property. If you change tenants you have to continually hire a lawyer to change the terms on your lease agreement.

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How enforcable in NH law are residential “relet” fees in a lease and how do they impact your credit?

shearie — Sun, 29 Jan 2012 04:11:56 +0000

Question by Muffin: How enforcable in NH law are residential “relet” fees in a lease and how do they impact your credit?
My landlord has a relet fee built into the lease contract of my apartment and I am looking to break the lease prior to full term. How likely is the landlord to be able to enforce collection of this fee and will not paying it effect my credit score?

Best answer:

Answer by BeachBum
It all depends on how far the landlord takes it. 95% of the time, breaking a lease does not end up on your credit because there are so many fees the landlord has to pay in order to take you to small claims court. Most of them just let it go and keep the deposit.

As far as the relet fees, the same thing applies. He would have to take you to small claims court to attempt to get this paid. I wouldn’t worry about it. Like I said, most of the time, it is cheaper for the landlords just to keep the deposit, etc…

The only time you really see landlords go to small claims court is when they are trying to have someone evicted.

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IS A RESIDENTIAL LEASE STILL GOOD WHEN THE LANDLORD YOU SIGNED WITH SOLD THE PROPERTIES?

shearie — Wed, 25 Jan 2012 04:11:49 +0000

Question by jason23_2001us: IS A RESIDENTIAL LEASE STILL GOOD WHEN THE LANDLORD YOU SIGNED WITH SOLD THE PROPERTIES?

Best answer:

Answer by Joseph
In most cases yes. Check out the resource below for information about tenant/landlord rights in your state.

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Residential lease in florida?

shearie — Sat, 21 Jan 2012 04:15:27 +0000

Question by David V: Residential lease in florida?
If a Lessee voluntarily vacates a residental property in Florida before the ending date stated on the lease, do they legally lose their security deposit and last month rent? I cannot locate any information on this subject. Thank you. Have a great day.

Best answer:

Answer by talldude
The information you are looking for would be included in the signed lease.

Laws vary from State to State (and within municipalities) but if the lease says that breaking the lease (early termination, or termination without notice) results in forfeit of deposits/rent, then yes, those amounts could be held by the owner of the property and not returned to the person who broke the lease.

In some lease agreements and some states there are exceptions if the person leasing is breaking a lease to buy a home.

Again, check the signed lease.

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30 day notice on a 12 month residential lease in NYC?

shearie — Tue, 17 Jan 2012 04:22:00 +0000

Question by Riley: 30 day notice on a 12 month residential lease in NYC?
My 12 month lease says that the lease may be terminated by either party with 30 days written notice.
So where do I stand if the landlord wanted us to leave in 30 days before the 12 months are up and we do not want to leave?

Best answer:

Answer by k_hart100
Sounds to me like you’re out of luck if what you described was written in the lease that you signed. You should have tried to negotiate that out of the lease before signing it.

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How many months/years do you draw up your lease contracts for with residential property tenants?

shearie — Fri, 13 Jan 2012 04:11:41 +0000

Question by : How many months/years do you draw up your lease contracts for with residential property tenants?
& Please explain! Thank you.

Best answer:

Answer by Daniel Nottage
Im pritty sure its 6 weeks But im no expert but last time i knew it was 6 weeks

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2 questions regarding residential lease?

shearie — Mon, 09 Jan 2012 04:16:16 +0000

Question by Riley: 2 questions regarding residential lease?
I rent a 2 bedroom apartment in New York with my husband. Our lease was up on Jan 1st. After requesting a new lease we finally just recieved a new one this week for Jan 01 2007- Dec 31 2007.
However it is different from the last one. Differences being:
1) This one says that the lease can be terminated by either party with 30 days notice
2) Says that we agree it is to be used as a single family residence with a maximum of 2 tenants.
My questions are:
1) If the landlord can kick us out in 30 days anyway, what really is the point of the lease apart from he cant change our rent?
2) I am pregnant. can he kick us out based on the fact that baby makes 3 tenants. (our last lease said that only we and our children may reside) and am i legally obligated to tell him that we are expecting?
Hope someone can help. Thanks

Best answer:

Answer by rosekm
I would check the state laws on required notice. In our area the landlord must give 120 days notice. It wouldn’t matter what their lease said because the law would trump. Two tenants may mean two adults. Often children don’t count as tenants because they aren’t on the lease. Even if the only point of your lease is locking in your rental rate, that seems like a good reason.

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Residential Lease Forms PA?

shearie — Thu, 05 Jan 2012 04:11:58 +0000

Question by Gaara the Fifth Kazekage: Residential Lease Forms PA?
I am looking for a… well…. legitimate residential lease form for the state of PA. If you could just put a link to a picture of one, not a site to buy them or anything, that would be perfection! Thank you very much if any of you can help!
@godged: Obviously you never heard of being nice and considerate. I know they are cheep. I am doing a favor for my grandparents and mother, so do not insult me or my family again until you realize our situation. Have a wonderful day full of happiness.

Best answer:

Answer by godged
It always, without fail, baffles me why people want to entrust a huge investment to a free form.

Listen cheapskate, pony up a couple bucks and get a real form that will help protect your investment. Any decent property manager will sell them to you a $ 1 – $ 2 each.

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is a commercial lease the same as a residential lease?

shearie — Sun, 01 Jan 2012 04:11:16 +0000

Question by youwillloveit: is a commercial lease the same as a residential lease?
does a property owner have to follow the same due process of eviction on a commercial building as the do on a residential one. must they serve you with papers of intent to evict

Best answer:

Answer by WhatIf
no

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Is there a font size requirement in residential leases?

shearie — Wed, 28 Dec 2011 04:14:49 +0000

Question by Amy Elizabeth: Is there a font size requirement in residential leases?
I read somewhere the the font in a residential lease has to be a certain size. I remembered this when I noticed that the lease I am currently considering has an unusually small font size. I live in Pa. Is there a size requirement?

Best answer:

Answer by Common Sense
No…that’s ridiculous. There’s a reason it’s called fine print.

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